Glossary entry (derived from question below)
Spanish term or phrase:
Ejecutar un crédito
English translation:
(gen.) enforce payment of a loan; (AmE) foreclose on a (mortgage) loan claim
Added to glossary by
gspcpt
Jun 14, 2019 19:30
4 yrs ago
4 viewers *
Spanish term
Ejecutar un crédito
Spanish to English
Bus/Financial
Real Estate
Law on mortgage loan
Document from Spain explaining the new mortgage law. In the list of new conditions for a mortgage appears:
- Aumento de los meses de impago antes de que se ejecute un crédito.
I am not sure what "ejecutar un crédito" on a mortgage actually means. Please help.
- Aumento de los meses de impago antes de que se ejecute un crédito.
I am not sure what "ejecutar un crédito" on a mortgage actually means. Please help.
Proposed translations
(English)
| 4 +1 | (gen.) enforce payment of a loan; (AmE) foreclose on a (mortgage) loan claim |
Adrian MM.
|
| 5 | Mortgage foreclosure |
Enrique Bjarne Strand Ferrer
|
Proposed translations
+1
15 mins
Adrian MM.
Austria
Austria
Native in English
Specializes in field
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: Scottish, British) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
Related KudoZ points
:
50
Selected
(gen.) enforce payment of a loan; (AmE) foreclose on a (mortgage) loan claim
'What is a foreclosure for claim of lien?Ä - NB a US land lien is called a land charge in England & Wales and standard security in Scotland.
Example sentence:
(US) If a property owner defaults on the payment of a loan, a foreclosure of a claim of lien indicates a creditor may take legal action to acquire the collateral applied for the aforementioned loan.
4 KudoZ points awarded for this answer.
Comment: "Thanks!"
14 mins
Enrique Bjarne Strand Ferrer
Spain
Spain
Native in Spanish
Specializes in field
Spain
Sworn T. & Chartered Financial Analyst
Native in: Norwegian , Spanish
Works in: English to Norwegian, Spanish to Norwegian, English to Norwegian (Bokmal), and 3 more.
Mortgage foreclosure
It is the equivalent of a mortgage foreclosure, i.e. the bank selling or taking ownership over the collateral
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